FFBC (First Financial Bancorp) Cash-to-Debt : 0.82 (As of Dec. 2024)

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What is First Financial Bancorp Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. First Financial Bancorp's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.82.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, First Financial Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for First Financial Bancorp's Cash-to-Debt or its related term are showing as below:

FFBC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.31 Max: 0.82
Current: 0.82

During the past 13 years, First Financial Bancorp's highest Cash to Debt Ratio was 0.82. The lowest was 0.15. And the median was 0.31.

FFBC's Cash-to-Debt is ranked worse than
63.37% of 1529 companies
in the Banks industry
Industry Median: 1.35 vs FFBC: 0.82

First Financial Bancorp Cash-to-Debt Historical Data

The historical data trend for First Financial Bancorp's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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First Financial Bancorp Cash-to-Debt Chart

First Financial Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.74

0.66

0.37

0.79

0.82

First Financial Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.79	0.79	0.61	0.74	0.82

Competitive Comparison of First Financial Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, First Financial Bancorp's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Financial Bancorp's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bancorp's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where First Financial Bancorp's Cash-to-Debt falls into.

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First Financial Bancorp Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

First Financial Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	904.486	/	(755.452	+	347.509)
	=	0.82

First Financial Bancorp's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	904.486	/	(755.452	+	347.509)
	=	0.82

First Financial Bancorp (NAS:FFBC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

First Financial Bancorp Cash-to-Debt Related Terms

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First Financial Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Bancorp (NAS:FFBC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 East Fifth Street, Suite 900, Cincinnati, OH, USA, 45202

Website

https://www.bankatfirst.com

First Financial Bancorp is a mid-sized, regional bank holding company. It engages in the business of commercial banking and other banking and banking-related activities through its subsidiary. The range of banking services provided to individuals and businesses includes commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property or commercial property. In addition, it offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. A full range of trust and wealth management services is also provided through First Financial's Wealth Management line of business.

Executives

James R Shank	officer: Internal Auditor	255 EAST 5TH STREET, SUITE 2900, CINCINNATI OH 45202
Gregory A Harris	officer: SVP, WM Sr Operating Officer	255 E. FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen	officer: President, Oak Street Funding	255 E FIFTH STREET, CINCINNATI OH 45202
James M Anderson	officer: Chief Financial Officer
Thomas Murray Obrien	director	255 E FIFTH STREET, CINCINNATI OH 45202
Scott T Crawley	officer: Controller & Prin Actg Officer	255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202
Vince Berta	director	255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth	director	255 E. FIFTH STREET, CINCINNATI OH 45202
Claude E Davis	director, officer: President & CEO	255 E FIFTH STREET, CINCINNATI OH 45202
William G Barron	director	255 E FIFTH STREET, CINCINNATI OH 45202
Andre T Porter	director	255 E FIFTH STREET, CINCINNATI OH 45202
Dawn C Morris	director	255 E. FIFTH STREET, CINCINNATI OH 45202
Gary W Warzala	director	255 E FIFTH STREET, CINCINNATI OH 45202
Brown Archie M Jr	director, officer: Chief Executive Officer	255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/	officer: President, Wealth Management	255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202